In our Q2 South East Offices market report on leasing and capital invested, we highlight:
The office has a great future ahead of it and what we see today had already started 2 years ago – we now have an accelerated approach to a refreshed market.
- No surprises when we report that take up is 18% down on the quarterly average.
- Strip out the one significant announcement of the Home Office and this shows take up is 35% of the usual level for the average quarter.
- For investment, a similar story with quarterly investment volumes and transaction numbers at the second lowest level they have been for five years.
- A market that is 're-thinking everything but knowing nothing' as research and trends take time to root and a quarter is not time sufficient.
- What do we know ? All the surveys, be they our own across 5,000+ responses or other parties, all point to a desire to return to the office.
- Landlords that show knowledge and actual delivery of adjusted buildings will be who the occupiers seek – the leaders and therefore the long term winners.
- Colliers teams are being fully utilised and are now at the forefront of what we are doing - ESG, Customer Experience, Workplace.
The office has a great future ahead of it and what we see today had already started 2 years ago – we now have an accelerated approach to a refreshed market.
